July remittances up 44 pc

Remittances to Kenya jumped by 44 percent in July from the same month a year ago to $72.8 million, up from $71.9 million in June, the central bank said on Wednesday. Remittances are the fourth-largest source of foreign exchange in east Africa's biggest economy after revenue from tea, horticulture and tourism. READ ON: http://af.reuters.com/article/investingNews/idAFJOE77N07820110824